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BTC Rejects $81,500 as Whales Build Massive Sell Wall at $81K

News.Bitcoin.com
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BTC Rejects $81,500 as Whales Build Massive Sell Wall at $81K

Bitcoin briefly rallied to $81,500 before pulling back below $79,300, failing to hold the critical $80,000 support level for the second time in a week. Bitcoin Loses Steam Ahead of Fed Chair Speech Bitcoin lost momentum soon after breaching $81,000, as markets awaited Federal Reserve Chair Kevin Warsh’s inaugural Jackson Hole speech. The price slid […]

Key Takeaways

  1. Bitcoin briefly rallied to $81,500 before pulling back below $79,300, failing to hold the critical $80,000 support level for the second time in a week.
  2. Bitcoin Loses Steam Ahead of Fed Chair Speech Bitcoin lost momentum soon after breaching $81,000, as markets awaited Federal Reserve Chair Kevin Warsh’s inaugural Jackson Hole speech.
  3. Read the full article for additional context and details.
Read Full Article on News.Bitcoin.com

Summary generated by IndiCrypto from News.Bitcoin.com. IndiCrypto is a news aggregator and does not provide investment advice. Read the original article for full context.